The alternative to life annuity: bare ownership sale
Keep your property and turn it into cash
Maintain your standard of living without moving.
Share family moments together
Enjoy yourself
Spend time with your friends and family
Face the future with peace of mind
How it works
We buy the bare ownership of your property
Our institutional investment fund buys the bare ownership of your property. You will receive the full amount in a single payment within three months.
You keep the usufruct of your home
You retain the inalienable right to live in your home or to rent it out, until your death.
We take care of the major works on the property
We take care of the major repair work (Article 606 of the French Civil Code)
Excellence, trust and discretion for your exceptional property.
Saint-Jean Cap-Ferrat
Roquebrune Cap-Martin
Villefranche Sur Mer
Nice
La Turbie
Cannes
Menton
Eze
Beaulieu Sur Mer
Beausoleil
Antibes
Cap d’Ail
A five-step process
You contact us
We discuss your questions and expectations together.
We visit your property
After this visit, we give you a first estimate.
We schedule the AMF appraisal
An AMF (French Financial Markets Authority) approved expert appraises your property.
Buyback proposal
Through our institutional investment fund, we offer you a proposal to buy the bare ownership of your property.
Payment within three months maximum
You will receive payment in full within three months.
Request your personalized study
We answer you within 48 hours
Life annuity sale vs Bare ownership sale with Azur Real Estate
Life annuity sale
Certainty of finding a buyer quickly
Certainty of selling at the right price
Certainty of receiving the funds
Protection of heirs
Peace of mind in the event of major works in the future
No taxes
Option to rent out the property
Azur Real Estate
Certainty of finding a buyer quickly
Certainty of selling at the right price
Certainty of receiving the funds
Protection of heirs
Peace of mind in the event of major works in the future
No taxes
Option to rent out the property
Do you want to sell your property?
Our manager Boris Michaud will contact you personally to explain the options available to you in a simple and concise manner.
Answers to your questions
When will I receive the money?
You will receive payment within a maximum of three months after acceptance of our offer to buy the bare ownership of your property.
Where does the money come from?
An ethical and responsible investment fund will acquire the bare ownership of your property, according to the fundamental respect of human and citizen values.
Our investment fund has been awarded the Grand Prize for Innovation and the Label for Transparency in Finance.
Is it taxable?
In the case of the sale of a primary residence, the amount is not taxable. In the case of a second home, we invite you to consult your legal advisor.
How does the sale take place?
We handle the purchase ourselves, there are no advertisements or visits, which guarantees you maximum confidentiality and discretion.
Do I have to tell my heirs?
It is not necessary, this is your choice and you are under no obligation to do so.
If there is major work to be done, who pays for it?
We take care of the major works in accordance with Article 606 of the French Civil Code.
What is Article 606 of the French Civil Code?
Major repairs are repairs to main walls and the vaults, the restoring of beams and of entire coverings. Repairs of dams, breast walls and enclosing walls also in their entirety.
> Read this Article in the French Civil Code on the website: legifrance.gouv.fr
Can I rent out my property and collect the rent?
Yes, absolutely, in the context of a sale with usufruct.
Do I have to be a French citizen?
No, you can be of a different nationality and can still benefit from the sale of the bare ownership of your property.
Life annuity: how does it work?
The life annuity sale allows property owners to sell their property and to continue to live in their apartment or house, while collecting a life annuity.
How does a bare ownership sale work?
The life annuity sale is a traditional real estate sale made in front of notary. The buyer must pay a fixed sum on the day of the sale (called the “lump sum payment”). The balance must be paid monthly until the death of the seller, which will constitute a regular financial income (called “the life annuity”).
How does the occupied life annuity work?
In the case of an occupied life annuity, the owner transfers the property to the purchaser but retains the right of use and habitation. The owner receives a lump sum payment and a monthly life annuity, but gives up the possibility of renting out the property.
How does the free life annuity work?
In the case of a free life annuity, the owner transfers the property to the buyer. The owner receives a lump sum payment and a monthly life annuity, but gives up the possibility of renting it out and of living in the property. The buyer can occupy the property as soon as the deed of sale is signed without having to wait for the death of the seller.
How does a bare ownership sale work?
In the case of a bare ownership sale, the owner of the property, called the “bare owner”, sells the right of ownership, without selling the use of the property. The owner can continue to live in the property and rent it out until his/her death. Read the article about the five advantages of the bare ownership sale.